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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Fiesta Restaurant Group's Operating Income for the three months ended in Jun. 2023 was $4.8 Mil. Fiesta Restaurant Group's Interest Expense for the three months ended in Jun. 2023 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Fiesta Restaurant Group's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Fiesta Restaurant Group's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Fiesta Restaurant Group Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 7.60 | 31.31 | - | - | - |
Fiesta Restaurant Group Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Interest Coverage | Get a 7-Day Free Trial | - | - | - | - | N/A |
For the Restaurants subindustry, Fiesta Restaurant Group's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Restaurants industry and Consumer Cyclical sector, Fiesta Restaurant Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Fiesta Restaurant Group's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
If Interest Expense is negative and Operating Income is positive, then
Interest Coverage | = | -1 | * | Operating Income | / | Interest Expense |
Else if Interest Expense is negative and Operating Income is negative, then
The company did not have earnings to cover the interest expense. |
Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then
The company had no debt (1). |
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Fiesta Restaurant Group's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as
Here, for the fiscal year that ended in Dec. 2022, Fiesta Restaurant Group's Interest Expense was $-0.3 Mil. Its Operating Income was $-12.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $155.7 Mil.
Fiesta Restaurant Group did not have earnings to cover the interest expense. |
Fiesta Restaurant Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as
Here, for the three months ended in Jun. 2023, Fiesta Restaurant Group's Interest Expense was $0.0 Mil. Its Operating Income was $4.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $153.0 Mil.
GuruFocus does not calculate Fiesta Restaurant Group's interest coverage with the available data. |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's Financial Strength is.
Fiesta Restaurant Group (NAS:FRGI) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Thank you for viewing the detailed overview of Fiesta Restaurant Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Nirmal K Tripathy | director | THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701 |
Tyler Yoesting | officer: Vice President and Acting CFO | C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254 |
Ulyses Camacho | officer: See Remarks | C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254 |
Eladio Romeo | officer: See Remarks | C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254 |
Patricia Lopez-calleja | officer: SVP, Guest Engagement | C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254 |
Andrew Rechtschaffen | director | C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017 |
Cheri Kinder | officer: VP, Corporate Controller | 14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254 |
Louis Dipietro | officer: SVP, GC and Secretary | 35 PARK STREET, NORFOLK MA 02056 |
Anthony Dinkins | officer: SVP of Human Resources | 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254 |
Hope Diaz | officer: See Remarks | C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254 |
Dirk A Montgomery | officer: SVP, CFO and Treasurer | C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613 |
Jefferies Financial Group Inc. | 10 percent owner | 520 MADISON AVENUE, NEW YORK NY 10022 |
Richard C. Stockinger | officer: CEO and President | C/O BENIHANA INC., 8685 N.W. 53RD TERRACE, MIAMI FL 33166 |
Sherrill Kaplan | director | C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BOULEVARD, SUITE 500, DALLAS TX 75254 |
Joseph Brink | officer: VP, Chief Procurement Officer | 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254 |
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